GBM gbm gold ltd
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im hearing the mine has closed down., page-13

  1. nk
    3,203 Posts.
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    12/09/08
    17:52
    Post #: 4260796
    well curious looks like you were spot on, based on the latest announcement

    company now owes $2.5million and is in a "stressed financial position"

    Unlikely the CN will happen now

    they'll have to issue shares at a discount to give them the the cash to go forward

    another blow to the revival of the Victorian gold fields

    GBM Price at posting: 9.5¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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